205 Fairview LnScherervilleIN46375
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Schererville at 205 Fairview Ln, Schererville, IN, 46375 at $340,000 posts ROI 27.03% with $669/mo cash flow from $2,710/mo rent. Total monthly income equals $2,710/mo, and annual cash flow records $8,030/yr on $112,710 to close. Return on cash invested measures 27.03% and rental yield reads 9.56% at the current $340,000. Equity gained on principal adds $2,194/yr, and 5% annual appreciation supports $93,936 by year five. Five-year ROI prints 140.84% and total cumulative return in cash totals $158,742.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,710/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1976
8,960 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46375, Schererville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,551 (100%) |
| Owner Occupied HU | 8,260 (78.3%) |
| Renter Occupied HU | 1,893 (17.9%) |
| Vacant Housing Units | 398 ( 3.8%) |
| Median Home Value | $327,752 |
| Average Home Value | $358,935 |
Housing Distribution
Address Breakdown
Residential
10,438
Single Family
9,295
Multi-Family
1,143
Businesses
1,045
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Listed by: Kiyah Marshall • Property Boss
Mls Name: NIRA
Mls ID: #828424